Terra (LUNA)
Terra CEO Do Kwon to Face Court Hearing Over Passport Fraud Charges
According to the court website in Podgorica, the capital city of Montenegro, bankrupt Terraform Labs’ Do Kwon will face charges for purportedly trying to travel with a fake passport in...
Terra CEO Sent $7M to Law Firm Before Collapse, Prosecutors Confirm
In a shocking revelation, South Korean prosecutors have confirmed that Terraform Labs CEO, Do Kwon sent 9 billion won ($7 million) to a top South Korean law firm, Kim &...
Investigation Reveals Terra LUNA Sent $7M to Law Firm Before Collapse
A new discovery has been unearthed following investigations into the events before the blockchain projects of Terraforms Labs (TFL) imploded last year. According to a local report, prosecutors tracking the...
Terra LUNA Executives Are Under Investigation for Embezzling ₩414B
According to a local report on Friday, the South Korean crypto company Terra is under investigation by prosecutors over allegations of fraud and embezzlement in billions of Korean WON (KRW)....
Korean Prosecutors Freeze $175M of Terraform Labs Assets
FatManTerra, a prominent figure in the crypto community, shared on Twitter that Korean prosecutors have frozen $175 million worth of assets belonging to Terraform Labs (TFL) and ex-TFL employees, including...
Do Kwon’s Passport Has Become Fatal for his Arrest; Report Says
The crypto analyst FatMan pointed out, referring to the post of the crypto analytic platform DLNews, that Do Kwon, the co-founder of the fallen crypto firm Terra Labs, has been...
Terraform Labs’ Do Kwon Indicted For Fraud After Montenegro Arrest
According to U.S. prosecutors, Do Kwon, the cryptocurrency innovator responsible for two digital currencies that reportedly lost over $40 billion in value last year, has been indicted on fraud charges....
Terra Co-Founder Daniel Shin Appears in South Korean Court
Terraform Labs co-founder Shin Hyun-Seong aka Daniel Shin, reportedly appeared at the Seoul Southern District Court in Yangcheon-gu earlier today. South Korean authorities stepped up efforts to arrest Shin shortly...
Terraform Labs’ Ex-CEO Do Kwon Arrested for Fraud and Conspiracy
According to reports, Kwon Do-Hyung, more commonly known as Do Kwon, the ex-CEO of Terraform Labs, has been accused of fraud by U.S. authorities. He was arrested in Montenegro on...
Crypto Community Disagrees as MakerDAO Will Allow MKR to Borrow DAI
The crypto community’s attention has been drawn to a tweet by a MakerDAO delegate, PaperImperium, chastising Rune Christensen, a co-founder of MakerAO. The ambassador highlighted a section of the Maker...
3AC Liquidators Decide to Sell Some of the Company’s NFTs
Three Arrows Capital liquidators recently conveyed in one of their recent notices on Wednesday that the bankrupt hedge fund is moving towards selling some of its NFTs. The notice, which...
Gensler In Support Of SEC’s Latest Lawsuit Against Terraform Labs
Securities Exchange Commission (SEC) Chairperson Gary Gensler commends the SEC’s recent lawsuit. The SEC charged Singapore-based Terraform Labs PTE Ltd and South Korean National Do Hyeong Kwon with defrauding investors...
Warrant Issued Against TMON CEO In Terra Investigation In South Korea
On Wednesday, the former CEO of the massive e-commerce company TMON was subject to an arrest order issued by the South Korean prosecutors looking into the Terra-LUNA disaster. The former...
Kwon Warns To Call FBI on ‘Someone’ Who Wrongly Received 1.3M LUNA
After Terraform Labs (TFL) accused a community member named Jimmy Le of refusing to return misallocated $LUNA airdrops worth roughly $6-7 million, the member responded that the organization had inadequate...
Su Zhu Blames DCG For Conspiring With FTX and Causing Terra’s Fall
Another crypto drama forms as Su Zhu, the co-founder of the Three Arrows Capital (3AC), tweeted that Digital Currency Group (DCG) conspired with FTX to attack Terra. Zhu blamed DCG...
Do Kwon’s Partners in Crime See their Assets Frozen in South Korea
According to local news outlets, a South Korean court has granted a plea by local prosecutors to freeze the assets of seven former partners of Terraform Labs Pte. Ltd. at...
Validators Have Accepted the Proposal 11030 Made by Terra Rebels
Reviving a lost community, the controversial proposal 11030 made by Terra Rebels has passed. This proposal offers to separate the Terra Classic (LUNC) from Terraform (TFL) backend infrastructure and assets...
Terra’s Do Kwon Blames SBF and Genesis for Igniting the Fall of Terra
Do Kwon urges Genesis and SBF to come clean about their doings. Kwon’s tweet thread follows after the news of an investigation on FTX on its alleged involvement in the...
Analyst FatManTerra Reveal Terra’s Accidental Facts in an Audit
Terraform Labs dumped $1 billion UST and is accused of destroying the UST peg. The curve pool was weakened by TFL, says FatManTerra. Terra’s massive dump and the $2.7 billion...
Court Rejects Warrant For Daniel Shin Over LUNA Collapse
The Seoul court denied a warrant for Terraform co-founder Daniel Shin. Prosecutors accused Shin of stealing profits from illicit Luna sales. Judge Hong Jin-pyo denied warrants for other Terraform members....
South Korea Issue Arrest Warrant Against Terra Co-founder Shin
The South Korean prosecutors believe that the Anchor’s 20% interest is fraudulent. Shin is accused of unfairly earning profits of 140 billion and the amount has been frozen. Shin is...
Bitcoin Miners Selling, Miner Capitulation Period is Here
Will Clemente, co-founder of Reflexivity, stated that Bitcoin miners are selling aggressively. Clemente indicated that the data reveals that we are in a period of miner capitulation. On-chain analyst Root...
Hoskinson to VCs Who Hate ADA: Deploy Your Capital in LUNA, FTX
Reportedly, venture capitalists say funding ADA-related firms is unreasonably risky. Cardano founder mocked the VCs, urging them to invest in the bankrupt Luna & FTX. DJED algorithmic stablecoin will launch...
Do Kwon’s Conversation Manipulating Terra’s Price Leaks
Do Kwon and his employee tampered with the price of LUNA, say Korean prosecutors. The South Korean investigators think Kwon is residing in Europe. Interpol issued a red notice to...
Crypto Platform Hodlnaut Lost $190 Million Due to Terra’s Crash
Hodlnaut faced a loss of over $190 million due to the stablecoin’s collapse. “It appears that the directors had downplayed the extent of the group’s exposure to Terra/Luna,” say Interim...
